1311 15TH TER #7, Miami Beach
$2,200,000 USD
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| Address | 1311 15TH TER #7, Miami Beach |
| Building Name | ALTON BEACH BAY FRONT RE- |
| Type of Property | Quadruplex |
| Property Style | Quadruplex |
| Price | $2,200,000 |
| Property Status | Active |
| MLS Number | A11729722 |
| Living Area | 3581 |
| Year Built | 1925 |
| Parking Space Number | 2 |
| Folio Number | 02-32-33-016-0050 |
| Gross Rent Income | $175,800 |
| Net Operating Income | $131,580 |
| Zoning Information | 3900 |
| Days on Market | 244 |
Detailed Description: Shovel-ready opportunity or collect rent as-is! This legal 7-unit multi-family has 5 units in the main structure and 2 in the detached cottage. Main house: 3 studios (2 w / a yard and 1 w / a balcony); two 2-bed 1 bath units (1 w / a yard and 1 w / a balcony). Back House: One 1-bed unit downstairs and another 1-bed unit upstairs. All Tenants enjoy a common back-yard and laundry. The shovel-ready project consists of an elegant four-story boutique building w / underneath parking and a fantastic common rooftop w / a pool and a summer kitchen! It will feature SIX identical 3-bed, 2-bath, 1310sqf units, two per floor and each one w / a private wrap around balcony! There is a HUGE lack of 3/2 condos in boutique buildings in SoBe, and those few are highly sought after!
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Address Information
| State | Florida |
| City | Miami Beach |
| County | Miami-Dade County |
| Zip Code | 33139 |
| Address | 1311 15TH TER |
| Section | 33 |
| Zip Code (4 Digits) | 2206 |
Financial Information
| Price | $2,200,000 |
| Price per Foot | $0 |
| Folio Number | 02-32-33-016-0050 |
| Gross Rent Income | $175,800 |
| Net Operating Income | $131,580 |
| Tax Amount | $23,975 |
| Tax Year | 2023 |
| Possession Information | Negotiable |
Full Descriptions
| Detailed Description | Shovel-ready opportunity or collect rent as-is! This legal 7-unit multi-family has 5 units in the main structure and 2 in the detached cottage. Main house: 3 studios (2 w / a yard and 1 w / a balcony); two 2-bed 1 bath units (1 w / a yard and 1 w / a balcony). Back House: One 1-bed unit downstairs and another 1-bed unit upstairs. All Tenants enjoy a common back-yard and laundry. The shovel-ready project consists of an elegant four-story boutique building w / underneath parking and a fantastic common rooftop w / a pool and a summer kitchen! It will feature SIX identical 3-bed, 2-bath, 1310sqf units, two per floor and each one w / a private wrap around balcony! There is a HUGE lack of 3/2 condos in boutique buildings in SoBe, and those few are highly sought after! |
| Roof Description | Flat Tile, Curved / S-Tile Roof |
| Floor Description | Tile |
| Cooling Description | Wall / Window Unit (s) |
| Heating Description | Window / Wall |
| Sewer Description | Public Sewer |
Property parameters
| Living Area | 3581 |
| Zoning Information | 3900 |
| Year Built | 1925 |
| Type of Property | Quadruplex |
| Style | Quadruplex |
| Building Name | ALTON BEACH BAY FRONT RE- |
| Development Name | ALTON BEACH BAY FRONT RE- |
| Construction Type | CBS Construction |
| Stories Number | 2.000 |
| Parking Space Number | 2 |
| Listed with | Coldwell Banker Realty |